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Hey moomooers,
Here is the latest Market Recap for you.
All three major averages notched record closes on Friday, rebounding from the previous session’s losses over concerns of a slowdown in global economic growth.
Stocks to watch: $JPMorgan (JPM.US)$, $Goldman Sachs (GS.US)$, $Bank of America (BAC.US)$. $American Airlines (AAL.US)$, $Norwegian Cruise (NCLH.US)$, etc.
Market Snapshot
Here is the latest Market Recap for you.
All three major averages notched record closes on Friday, rebounding from the previous session’s losses over concerns of a slowdown in global economic growth.
Stocks to watch: $JPMorgan (JPM.US)$, $Goldman Sachs (GS.US)$, $Bank of America (BAC.US)$. $American Airlines (AAL.US)$, $Norwegian Cruise (NCLH.US)$, etc.
Market Snapshot
![Market Recap: U.S. stocks recover to end Friday at record highs](https://ussnsimg.moomoo.com/4436708416285701818.jpg/thumb)
![Market Recap: U.S. stocks recover to end Friday at record highs](https://ussnsimg.moomoo.com/177616587218188525.jpg/thumb)
![Market Recap: U.S. stocks recover to end Friday at record highs](https://ussnsimg.moomoo.com/7403157806642000451.png/thumb)
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leewanli
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Previous moomoo course: Stock Valuation Methods
Stock valuation is often considered to be something a job should be done by professions. The truth is any investor would need a certain level of valuation skill to do their own valuation.
Here are 5 common mistakes in stock valuation
1. Using a "typical" industry multiple for all industries
The simplicity of the multiple valuation approach is both an advantage and a disadvantage. Although this method allows investors to calculate an estimated stock price quickly, it also introduces the problem of simplifying complicated information into just a ...
Stock valuation is often considered to be something a job should be done by professions. The truth is any investor would need a certain level of valuation skill to do their own valuation.
Here are 5 common mistakes in stock valuation
1. Using a "typical" industry multiple for all industries
The simplicity of the multiple valuation approach is both an advantage and a disadvantage. Although this method allows investors to calculate an estimated stock price quickly, it also introduces the problem of simplifying complicated information into just a ...
![Common valuation mistakes made by both new investors and professionals](https://ussnsimg.moomoo.com/485681443500804639.jpg/thumb)
![Common valuation mistakes made by both new investors and professionals](https://ussnsimg.moomoo.com/4454787720726483653.png/thumb)
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leewanli
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Branson, Virgin Galactic pull off key test for space tourism
Billionaire Richard Branson’s long-awaited test flight to space, taken alongside five of his $Virgin Galactic (SPCE.US)$employees, bolsters the company’s plan to debut tourism trips next year.
The VSS Unity space plane detached from a carrier aircraft high over New Mexico and rocketed to a speed of Mach 3 on its way to an altitude of about 282,000 feet, or more than 53 miles (86 kilometers) above the Earth. The Unity then glided back through sunny skies and landed at about 9:38 a.m. local time on Sunday -- approximately an hour after taking off.
Oil extends gains with investors betting on accelerating demand
Oil rose in Asia on optimism that fue...
Billionaire Richard Branson’s long-awaited test flight to space, taken alongside five of his $Virgin Galactic (SPCE.US)$employees, bolsters the company’s plan to debut tourism trips next year.
The VSS Unity space plane detached from a carrier aircraft high over New Mexico and rocketed to a speed of Mach 3 on its way to an altitude of about 282,000 feet, or more than 53 miles (86 kilometers) above the Earth. The Unity then glided back through sunny skies and landed at about 9:38 a.m. local time on Sunday -- approximately an hour after taking off.
Oil extends gains with investors betting on accelerating demand
Oil rose in Asia on optimism that fue...
![Wall Street Today: Branson, Virgin Galactic pull off key test for space tourism](https://ussnsimg.moomoo.com/348555748676518120.jpg/thumb)
![Wall Street Today: Branson, Virgin Galactic pull off key test for space tourism](https://ussnsimg.moomoo.com/5028801484598584042.jpg/thumb)
![Wall Street Today: Branson, Virgin Galactic pull off key test for space tourism](https://ussnsimg.moomoo.com/3819631937099223741.jpg/thumb)
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leewanli
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$Bridgeline Digital (BLIN.US)$ Low is the best time to buy in
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$ARK Innovation ETF (ARKK.US)$is one of the hottest ETFs that gained a 151% return in 2020. Managed by Cathie Wood, ARK ETFs invest in global technology firms with the potential to disrupt the market, and ARK's biggest holdings include $Tesla (TSLA.US)$ , $Teladoc Health (TDOC.US)$ , $Shopify (SHOP.US)$, and $Roku Inc (ROKU.US)$ .
After experiencing a tough time during March's selloff, Cathie Wood's Flagship ETF ARKK got its back on track, jumping 30% from the May 13 low. Besides, ARKK became one of the top10 best performing ETFs for June 2021.
...
After experiencing a tough time during March's selloff, Cathie Wood's Flagship ETF ARKK got its back on track, jumping 30% from the May 13 low. Besides, ARKK became one of the top10 best performing ETFs for June 2021.
...
![ARKK rebounds 30%. What is your thought on it?](https://ussnsimg.moomoo.com/moo-1625544885-77777001-iPhone-1-org.jpg/thumb)
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leewanli
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Investors don’t see end to record-breaking equity rally just yet
As stocks around the world continue to smash one record after another, some of the world’s biggest money managers have a simple message: Get used to it.
The likes of BlackRock Inc., State Street Global Markets, UBS Asset Management and JPMorgan Asset Management expect equity markets to keep rising in the second half of the year, with many investors increasingly looking outside the U.S. for more returns.
While some market players caution about risks of a dip given punchy valuations, the sharp bounce in corporate earnings and strong central bank support are expected to keep the rally alive.
...
As stocks around the world continue to smash one record after another, some of the world’s biggest money managers have a simple message: Get used to it.
The likes of BlackRock Inc., State Street Global Markets, UBS Asset Management and JPMorgan Asset Management expect equity markets to keep rising in the second half of the year, with many investors increasingly looking outside the U.S. for more returns.
While some market players caution about risks of a dip given punchy valuations, the sharp bounce in corporate earnings and strong central bank support are expected to keep the rally alive.
...
![Wall Street Today: Investors don’t see end to record-breaking equity rally yet](https://ussnsimg.moomoo.com/6324619156276059905.jpg/thumb)
![Wall Street Today: Investors don’t see end to record-breaking equity rally yet](https://ussnsimg.moomoo.com/8079399648169910267.jpg/thumb)
![Wall Street Today: Investors don’t see end to record-breaking equity rally yet](https://ussnsimg.moomoo.com/3998047604719063947.jpg/thumb)
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